Credit card transaction processors

Credit card transaction processors play a critical role facilitating the flow of commerce. Transaction processors must securely manage a staggering quantity of sensitive data, yet they are under pressure to operate efficiently in a highly competitive arena. Normal operations include:

  • Assuming financial and legal responsibility for credit cards and on-line transactions
  • Minimizing the dollars spent on overhead
  • Defending against security breaches that could severely tarnish the organization’s reputation and image
  • Complying with applicable standards and regulations, such VISA CISP and GLBA.

The StillSecure® suite of network security solutions provides transaction processors with the tools needed to secure data and meet regulatory standards — without straining the IT budget.

An industry built on responsibility and accountability

Managing financial transactions is a serious responsibility. IT professionals working in transaction processing arena perform mission-critical tasks. They protect the company's assets — and ultimately its reputation — while keeping the outflow of dollars to a minimum. Specifically, IT organizations face issues such as:

  • Legal and financial responsibility for transaction data—Make no mistake — transaction processors face significant liability and risk in managing confidential data such as credit cards, bank accounts, and personal data.
  • Pressure to minimize overhead expenditures—Revenue grows proportionally with the number of transactions processed. However, IT budget dollars do not generally scale with increasing revenue, thus IT staff is forced to maintain and secure expanding networks with limited resources.
  • An organization's reputation can impact revenues—A positive brand image is difficult to build. Transaction processing organizations face a unique risk: a single security incident can destroy customer confidence. The perception of lax or inadequate security can be catastrophic. California recently enacted S.B. 1386 which requires customer notification of a security breach.
  • Complying with regulatory standards—Recently enacted legislation and industry standards, such as the Graham-Leach-Bliley Act (GLBA) and VISA’s Cardholder Information Security Program (CISP), place a tremendous burden on transaction processors. Noncompliance with these complex regulations can have serious consequences, including license revocation and corporate and personal fines.

Formulating an effective plan for securing data while controlling overhead expenditures is a challenge for any transaction processing firm.

Rise to the challenge with StillSecure

The StillSecure suite of network security products provides transaction processors with a proactive, affordable solution for defending networks against security breaches. StillSecure products are highly dependable and protective, while being easy to use, configure, and install.

StillSecure products allow transaction processors to:

  • Reduce the risk and liability from a breach of transaction data
  • Minimize the overhead spent on non-revenue generating activity
  • Protect and enhance the organization’s reputation
  • Comply with applicable regulations.

The StillSecure suite of network security solutions includes:

Strata Guard™: Network intrusion detection/prevention
Strata Guard, our intrusion detection/prevention system (IDS/IPS), secures confidential data by preventing attacks and malicious traffic from entering your network. Strata Guard creates a shield around your sensitive data, permitting only legitimate access. It stops unauthorized use and malicious attacks before serious damage occurs. Fully automated, Strata Guard increases the productivity of your IT organization.
Learn more about Strata Guard »

VAM™: Vulnerability management platform
A true vulnerability management platform, VAM identifies, manages, and repairs network vulnerabilities; it lets you proactively close the security holes that leave you open to attack. By providing a 360° perspective, VAM finds and fixes the weak points on the network before they are discovered by hackers. VAM also plays a crucial role in achieving regulatory compliance, ensuring accountability and historical tracking through its exclusive Vulnerability Repair Workflow™. Designed for enterprise-scale deployments, VAM integrates with your existing IT systems to streamline administration and leverage existing IT investment.
Learn more about VAM »

Safe Access™: Network access control
Safe Access protects the network by ensuring that endpoints—the PCs that connect to the network via the LAN or through VPN, RAS, and WiFi connections—comply with your security policies. Safe Access quarantines noncompliant endpoints, ensuring that they don't expose the network to attacks and infections. As the industry's first true agent-less solution, Safe Access ensures that the applications and services running on endpoint devices are up-to-date and free of spyware, worms, viruses, trojans, P2P and other potentially damaging software.
Learn more about Safe Access »

Transaction processing firms using StillSecure

With increased connectivity and network attacks growing exponentially, transaction processing firms face substantial risk. They are responsible and accountable for critical financial data, which if compromised could likely result in liability suits, regulatory penalties, and even criminal charges. Furthermore, processors’ tolerance for a network breach is extremely low, as a single incident could destroy a reputation.

With its products used at leading transaction processors, StillSecure understands the high stakes involved in securing transactional data. If StillSecure can help ease the burden of managing the complex IT environment, please contact us.